Snap posted sizable gains in user base and revenue in Q1

Snapchat announced Q1 earnings Thursday.

By Scott Nover

17 mins ago

Snapchat Spotlight is on a roll. Snapchat’s social video feature, which has been likened to TikTok, amassed 125 million users in March, as it has paid out $1 million a day to creators posting top videos. Spotlight had a reported 100 million users in January.